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Correlation Analysis

Microsoft Corp vs Regions Financial Corp.

MSFT vs RF

+0.399

Light positive

When one moves up, the other tends to follow.

MSFT logo

Microsoft Corp

MSFT

Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

Market cap 2.8T

RF logo

Regions Financial Corp.

RF

Regions Financial is one of the midsized regional banks in the US, with around $160 billion in total assets as of Dec. 30, 2025. Headquartered in Birmingham, Alabama, Regions Financial has a footprint mostly in the US Southeast. The bank provides a diversified set of financial services in retail banking, commercial banking, card and treasury management, wealth management, and capital markets.

Market cap 22.8B · 19,969 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

MSFT leads RF by 6 days

MSFT tends to move before RF.

Best correlation after shifting: +0.426 (13 shifts scanned)

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.348

11 periods · Return correlation when both series rose

Both Falling

+0.348

6 periods · Return correlation when both series fell

Diverging

-0.680

18 periods · Return correlation when series moved apart

R-Squared

15.9%

Share of variance in one series explained by the other.

Trend Agreement

59.0%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.351, 0.445]

Time Series

Rebased to 100

Green: MSFTGray: RF36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.312.981520253031.02Microsoft CorpRegions Financial Corp.Data pointsFit (r = 0.399)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

RF logo

Regions Financial Corp.

RF

Market cap 22.8B · 19,969 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

0.0145

Linear regression slope.

Intercept

16.5909

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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